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The geothermal power market is forecasted to grow by USD 9.12 billion during 2023-2028, accelerating at a CAGR of 21.1% during the forecast period. The report on the geothermal power market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising investments and government initiatives in geothermal energy, growing demand for renewable energy sources, and advantages of geothermal energy.
The geothermal power market is segmented as below:
By Type
- Flash
- Binary
- Dry steam
By End-user
- Industrial
- Commercial
- Residential
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the geothermal power market covers the following areas:
- Geothermal power market sizing
- Geothermal power market forecast
- Geothermal power market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the geothermal power market: Aboitiz Power Corp., Calpine Corp., Cyrq Energy Inc, DEEP Earth Energy Production Corp., Enel Spa, Energy Development Corp., EnergySource LLC, First Gen Corp, Geotherm Inc., Geothermal Engineering Ltd., HS Orka, Innergex Renewable Energy Inc., Kenya Electricity Generating Company PLC, KYUSHU ELECTRIC POWER CO., INC., NTPC Ltd., Ormat Technologies Inc., PT Pertamina Geothermal Energy Tbk, Reykjavik Geothermal, and Star Energy Geothermal.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising geothermal capacity."
According to the report, one of the major drivers for this market is the rising investments and government initiatives in geothermal energy.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aboitiz Power Corp.
- Calpine Corp.
- Cyrq Energy Inc
- DEEP Earth Energy Production Corp.
- Enel Spa
- Energy Development Corp.
- EnergySource LLC
- First Gen Corp
- Geotherm Inc.
- Geothermal Engineering Ltd.
- HS Orka
- Innergex Renewable Energy Inc.
- Kenya Electricity Generating Company PLC
- KYUSHU ELECTRIC POWER CO. INC.
- NTPC Ltd.
- Ormat Technologies Inc.
- PT Pertamina Geothermal Energy Tbk
- Reykjavik Geothermal
- Star Energy Geothermal
